Retail Properties of America provides business update [Seeking Alpha]
Retail Properties of America, Inc. Class A (RPAI)
Last retail properties of america, inc. class a earnings: 2/18 04:15 pm
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rpai.com
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Source: Seeking Alpha
Retail Properties of America provides business updateJul. 6, 2020 5:47 PM ET|Retail Properties of Amer... (RPAI)Khyathi DalalFor April, May and June 2020, Retail Properties of America (NYSE:rent collected"With 90% of our portfolio square footage open as of July 2, up from 79% as of May 29, we have sustained the positive business momentum we outlined during our business update in early June," stated CEO Steven Grimes.During June, RPAI repaid substantial amounts on its $850M unsecured revolving line of credit, nearly fully drawn on March 31, 2020.As of June 30, $135M was outstanding on the revolver and $715M in revolver availabilityClick to subscribe to real-time analytics on RPAINow read:Don't Buy That: Tanger Factory Outlet Centers »
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